Updated: Mar 18
“We provide a list of 12 great Native American community banks providing financial services to Native Americans across the USA. All these banks come with a high level of customer satisfaction."
By: Allan R Kirby
What is Native American banking?
Native American Banking is defined as the business activity of a financial institution such as a bank or credit union to provide financial services to help support individuals, families, and businesses of Native Americans across the USA. Specifically, Native American-owned or Native American-focused financial institutions accept and lend out money in order to help facilitate economic activities in the regions Native Americans live and work.
What is the largest Native American Bank in the United States?
F&M Bank, Edmond, Oklahoma could be considered the largest Native American Bank in the United States with assets close to $500 million. The bank (formerly known as Farmers and Merchants Bank) is active in business, agricultural and mortgage lending. It's a full-service bank with 8 branches all located around the northern areas of Oklahoma City. The bank provides services to both individuals and families as well as small business and commercial real estate lending.
The following provides details on Native American-owned Banks that are currently in operations around the United States. Most information was obtained directly from the banks' websites:
Location: Edmond, Oklahoma
Year Established: 1902
Edmond, Oklahoma could be considered the largest Native American Bank in the United States with assets close to $500 million. The bank (formerly known as Farmers and Merchants Bank) is active in business, agricultural and mortgage lending. It's a full-service bank with 8 branches all located around the northern areas of Oklahoma City. The bank provides services to both individuals and families as well as small business and commercial real estate lending. This native-owned bank also provides agriculture loans.
Rose Creek 17100 N. May Ave
Edmond, OK 73012
Surrey Hills 11000 Surrey Hills Blvd
Yukon, OK 73099
Waterloo 121 E. Waterloo Rd, Ste 1
Edmond, OK 73034
1800 E. Oklahoma Ave
Guthrie, OK 73044
2211 S. Division
Guthrie, OK 73044
P. O. Box 68 (for mailing)
1216 Piedmont Rd N.
Crescent 116 S. Grand
601 S. Main St
Kingfisher, OK 73750
Location: Calumet, Oklahoma
Year Established: 1901
AllNations Bank was chartered as First National Bank of Calumet, Calumet, Oklahoma in 1901. The bank has served the businesses and citizens of Calumet and Canadian County for over 110 years. First National Bank became a State Chartered Bank on August 16, 2004, and changed its name to AllNations Bank. AllNations Bank is a native-owned bank by the Absentee Shawnee Tribe of Oklahoma. AllNations Bank opened a new branch in Shawnee, Oklahoma on May 19, 2011. AllNations Bank continues to proudly serve the businesses and citizens of both Canadian and Pottawatomie counties.
114 E Main Calumet, OK 73014 (405) 893-2240
2023 Gordon Cooper Dr Shawnee, OK 74801 (405) 273-0202
Name: Local Bank
Location: Hulbert, Oklahoma
Year Established: 1907
Local Bank (formerly the Bank of Cherokee County) was founded in 1907, the year Indian Territory and Oklahoma Territory united as the State of Oklahoma. This native-owned bank was founded by a group of prominent members of the Cherokee Nation. As the only bank in the town of Hulbert, Oklahoma, and with branches in Tahlequah and Park Hill, Oklahoma, Local Bank sees its responsibilities extending beyond what is usually thought of as “ordinary” banking functions. Unlike "ordinary" banks, Local Bank invests 95% of deposits back into Cherokee County.
Community reinvestment is nothing new to Local Bank, the the only female, Native-owned financial institution in the United States. Since the bank’s founding at the turn of the century, its mission has been to serve its community.
Main Office and Bank, Hulbert
110 E. Main Hulbert, OK 74441 (918) 772-2572
Tahlequah Branch, Plaza
125 E. 1st Street
Tahlequah, OK 74464
Park Hill Branch, Park Hill
4715 S. Muskogee Avenue Tahlequah, OK 74464 (918) 458-1223
Location: Green Bay, WI
Year Established: 1939
Bay Bank has a long and proud history of standing for its customers’ future. This native-owned bank was founded in 1995 by the Oneida Nation and a group of five local businessmen, the original mission of Bay Bank was to provide the Greater Green Bay area with a locally controlled financial institution that would be free from mergers and consolidations that had become common with larger financial institutions in the region.
In 2000, the Oneida Nation became the sole owner of Bay Bank, which had already grown to $65 million in assets. The operations, policies—and locally focused mission— of the bank remained similar to the mission before the purchase by the Oneida Nation but were enhanced as Bay Bank provided more federally funded programs to directly assist tribal members. In addition, Bay Bank and the Oneida Nation developed unique mortgage and entrepreneurial programs to assist Oneidas in obtaining housing and starting business ventures.
Today, Bay Bank has assets over $100 million and a dedicated team of 29 employees with two convenient locations for customers in the Greater Green Bay area.
Packerland Drive Branch
2555 Packerland Drive Green Bay, WI 54313
West Mason Branch
2550 West Mason St. Green Bay, WI 54303
Location: Polson, Montana
Year Established: 2006
Eagle Bank is truly a “Community Bank” with the Confederated Salish and Kootenai Tribes owning the bank on behalf of their approximately 8,000 members. Eagle Bank is unique because it is one of very few banks owned by a Native American Tribe and the only bank whose holding company is organized under Section 17 of the Indian Reorganization Act of 1934. While Eagle Bank is tribally owned, it is open to everyone and seeks to provide competitively priced financial services to all residents located in Lake County and the surrounding areas.
Eagle Bank is the result of nearly two decades of research and development into the feasibility and potential for a tribally-owned financial institution and represents a logical extension of the Tribes investment in economic development on the Flathead Reservation.
80 Heritage Lane
Polson, MT 59860
Phone: (406) 883-2940
Fax: (406) 883-2949
Toll Free: (800) 840-2941
24-Hour Phone Banking (800) 804-5792
Location: Oklahoma City, Oklahoma
Year Established: 2002
Chickasaw Community Bank (Formerly Bank2)
Governor Bill Anoatubby had a vision for a tribally-owned bank in the Oklahoma City metro area that could uniquely meet the needs of both Indian Country and the greater community alike. Building Better Lives for Everyone isn’t a clever slogan or a bit of marketing wizardry, it’s the very DNA that created the Chickasaw Community Bank. Headquartered in Oklahoma City, Oklahoma, Chickasaw Community Bank is a financial institution that was established in 2002 as a wholly-owned subsidiary of the Chickasaw Banc Holding Company.
The bank started with $7.5 million dollars in assets, and with a combination of careful management and a fierce commitment to building better lives for everyone, the bank grew to over $200 million in assets.
Today, Chickasaw Community Bank is a full-service financial institution that offers a diverse array of checking accounts, savings accounts, investment products, mortgages, and lending services to individuals and businesses all across the region.
Oklahoma City Branch
Location: Onamia, Michigan
Year Established: 1996
Woodlands National Bank
In 1996, the Mille Lacs Band of Ojibwe purchased a local bank in Onamia, Minnesota with $22.7 million in assets. The purchase resulted in the Mille Lacs Band of Ojibwe becoming only the third Tribal nation in the United States to own a bank. The Tribe renamed the bank Woodlands National Bank. It would also become the first Tribal-owned bank to be granted a national charter.
424 Main Street
P.O. Box B
Onamia, MN 56359
122 East Main Street
P.O. Box 190
Hinckley, MN 55037
Sturgeon Lake Branch
8981 Market Street
P.O. Box 187
Sturgeon Lake, MN 55783
Onamia (Grand Market)
16602 Ataage Drive
Onamia, MN 56359
1113 East Franklin Avenue
Minneapolis, MN 55404
240 North Road
Cloquet, MN 55720
26040 Main Street
P.O. Box 244
Zimmerman, MN 55398
Name:Turtle Mountain State Bank
Location: Belcourt, North Dakota
Year Established: 2007
Turtle Mountain State Bank
Turtle Mountain State Bank opened its doors on December 3, 2007, as the first privately-owned Native American bank on a federally recognized Indian Reservation. In April of 2012, the bank moved into a beautiful new building located in the center of downtown Belcourt. To fulfill the needs of the underserved, we are committed to offering high-quality checking, savings, and loan programs to the community. The Bank is also proud to support youth activities, its local scholarship program, and multiple other community projects. Thanks to the hard work of all involved, the bank’s de nova period is scheduled to end December 3, 2014. The Turtle Mountain community is proud to have a local bank that has proven to be an excellent economic tool for both its residents and businesses.
908 Chief Little Shell Street P.O. Box 310 Belcourt, ND 58316 United States
Phone: 701-477-5995 Fax: 701-477-8735
Location: Marshalltown, Iowa
Year Established: 1927
Pinnacle Bank was first chartered in 1927 in Tama, Iowa, as Tama State Bank. In 1996 the charter was moved to Marshalltown, Iowa. A new main office was then built in Marshalltown in 2005 at 2206 South Center Street. This facility was built to accommodate future growth and to allow for in-house processing and servicing.
In July 2009, Iowa River Bancorp purchased Pinnacle Bank in Marshalltown, Iowa, and in March 2012, they purchased a branch location in Toledo, Iowa. Pinnacle Bank continues to be locally owned with local decision-makers. People can expect the same commitment to service and to the community that this bank has demonstrated for over 90 years.
Marshalltown Office Branch
2206 South Center Street Marshalltown IA 50158
Toledo Office Branch
1301 South County Road Toledo IA 52342
Location: Shawnee, Oklahoma
Year Established: 1984
First National Bank and Trust
First National Bank & Trust Co. began when the charter for First Oklahoma Bank, N.A., was approved on June 30, 1983. With a capital structure of $2.5 million, the bank opened its doors on October 29, 1984. The original incorporators were C.L Craig, Jr., Mark Finley, David Ingram, Jerald O’Connor, Frank Sims, and Stephen Sims. The Citizen Potawatomi Tribe purchased the bank in February 1989.
In November 1994, the bank moved to a new 32,000-square-foot building at 130 E MacArthur in Shawnee. In October 1995, the bank’s name was changed to First National Bank & Trust Co. The Holdenville Branch opened on January 26, 2000.
First National Bank completed its acquisition of Guarantee State Bank and its locations in Lawton, Mangum, Granite, and Willow on July 28, 2006. FNB purchased the bank from the Charles Greb family who had owned Guarantee State Bank for more than 16 years. The purchase of the four new locations in southwestern Oklahoma brought the total assets and accounts of FNB to over $200 million. Our eighth branch opened in February 2007 and is located in Lawton.
Shawnee Home Office
130 E. MacArthur
Shawnee, OK 74804
821 E. Highway
Holdenville, OK 74848
Lawton Quanah Parker Office
6702 N.W. Quanah Parker Trailway
Lawton, OK 73505
104 E. 1st Street
Granite, OK 73547
204 N. Oklahoma
Mangum, OK 73554
104 E. 1st Street
Granite, OK 73547
Location: Pembroke, North Carolina
Year Established: 1971
Lumbee Guaranty Bank
North Carolina. Lumbee styles itself as the first Indian-owned bank, dating back to 1971. (Many Indian banks have non-Indian owned predecessor banks that date back as far as 1901). The bank history describes its formation, saying its founders had been advised by banking regulators to raise $667,000 in stock. “From a log cabin office on Third Street in Pembroke, the organizers set out to sell the necessary stock needed to open the Bank. The community was very excited about the prospects of the first Indian bank in the nation. Many people were with the organizers in spirit but did not have the money. Some people, who were financially able, purchased large blocks of stock, and others purchased one to 10 shares of stock. Selling the necessary stock proved to be no small task, but soon it too was accomplished with 97 percent of the 750 subscribers Indian.” As of September 30, 2016, Lumbee Guaranty had $335 million in assets in personal and commercial lending. It made $13 million in mortgages in 2015, making it the fourth-largest Indian bank in this category.
403 East Third Street
Pembroke, NC 28372
Location: Denver, Colorado
Year Established: 2001
Native American Bank
Denver-based Native American Bank, the only national community development bank owned by 31 Tribes, Tribal Corporations, and Alaska Native Corporations, opened its first Colorado branch on Oct. 24 as it launches a major retail expansion and broadens its resources for underserved communities across the West.
The opening of the Denver branch at Broadway and 2nd Avenue in the popular Baker neighborhood comes as Native American Bank (NAB) announces a new collaboration with Deutsche Bank to expand lending for underserved native communities.
NAB is a $125 million asset, state-of-the-art for-profit bank that welcomes all customers while focusing its extensive lending and economic development experience toward partnerships for vital projects on and near tribal lands across the U.S. The new Broadway branch also serves as NAB’s national headquarters, transforming a distinctive neighborhood building into a financial services hub.
Denver, CO (Corporate Office and Retail Branch) 201 N. Broadway Denver, CO 80203
Denver Branch 720.963.5511 Denver Office 303.988.2727 800.368.8894 Main Fax 303.988.5533
Browning, MT (Retail Branch)
105 North Public Square
P.O. Box 730
Browning, MT 59417
his is a MySmallBank.com blog written by Allan Kirby, who writes and produces Personal Finance and Money Management articles and videos. Allan has over 20 years of IT and financial experience working in the public and private sectors.
Disclosure: mysmallbank.com nor the author received any compensation from any native-owned banks mentioned in this article. The article is our opinion only and is written to help readers learn more about banks that work with Native Americans (#nativeamerican) across the USA.